Rep. Josh Gottheimer Acquires SailPoint, Inc. (NASDAQ:SAIL) Shares

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of SailPoint, Inc. (NASDAQ:SAIL). In a filing disclosed on August 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in SailPoint stock on July 20th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
• Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
• Purchased $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/16/2026.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/16/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/15/2026.

SailPoint Price Performance

Shares of SAIL opened at $18.73 on Thursday. SailPoint, Inc. has a 1 year low of $10.30 and a 1 year high of $24.00. The stock has a 50 day simple moving average of $15.44 and a two-hundred day simple moving average of $14.53. The firm has a market cap of $10.62 billion, a P/E ratio of -69.37, a P/E/G ratio of 2.12 and a beta of 2.08.

SailPoint (NASDAQ:SAIL) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $280.14 million during the quarter. SailPoint had a negative net margin of 14.04% and a positive return on equity of 2.31%. SailPoint’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same period last year, the company posted $0.01 EPS. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. On average, equities analysts anticipate that SailPoint, Inc. will post 0.32 earnings per share for the current year.

Institutional Trading of SailPoint

Several large investors have recently modified their holdings of SAIL. Norges Bank purchased a new position in SailPoint during the 4th quarter valued at about $234,681,000. Wasatch Advisors LP purchased a new stake in SailPoint in the second quarter worth $66,173,000. BlackRock Inc. bought a new stake in shares of SailPoint during the 2nd quarter valued at about $65,050,000. UBS Group AG boosted its stake in shares of SailPoint by 116.3% during the 3rd quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock valued at $91,147,000 after purchasing an additional 2,219,593 shares in the last quarter. Finally, Stephens Investment Management Group LLC increased its position in shares of SailPoint by 51.0% during the first quarter. Stephens Investment Management Group LLC now owns 2,895,700 shares of the company’s stock valued at $38,339,000 after buying an additional 978,376 shares during the period.

Analysts Set New Price Targets

SAIL has been the topic of a number of recent research reports. Bank of America reaffirmed a “neutral” rating and set a $16.00 price objective on shares of SailPoint in a research note on Friday, June 12th. Royal Bank Of Canada reissued an “outperform” rating and issued a $19.00 target price on shares of SailPoint in a research note on Wednesday, June 17th. Barclays dropped their target price on SailPoint from $22.00 to $19.00 and set an “overweight” rating for the company in a report on Wednesday, June 10th. Stephens restated an “overweight” rating and set a $20.00 price target on shares of SailPoint in a research report on Wednesday, June 17th. Finally, DA Davidson initiated coverage on SailPoint in a research note on Monday, August 3rd. They issued a “neutral” rating and a $17.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $19.94.

Insider Buying and Selling

In related news, insider Abby Payne sold 21,542 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $16.29, for a total value of $350,919.18. Following the completion of the transaction, the insider directly owned 908,964 shares of the company’s stock, valued at $14,807,023.56. This represents a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Mark D. Mcclain sold 118,194 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $16.29, for a total value of $1,925,380.26. Following the transaction, the chief executive officer owned 8,187,130 shares in the company, valued at $133,368,347.70. This trade represents a 1.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 497,832 shares of company stock valued at $7,934,851 over the last quarter. 1.70% of the stock is currently owned by insiders.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

SailPoint Company Profile

SailPoint Technologies Holdings, Inc (NASDAQ: SAIL) is a leading provider of enterprise identity governance solutions that enable organizations to manage and secure user access across on-premises, cloud and hybrid IT environments. Its software automates identity lifecycle management, access certifications, policy enforcement and privileged account governance, helping enterprises reduce security risks, maintain regulatory compliance and streamline IT operations. The company’s flagship offerings include IdentityIQ, a comprehensive on-premises platform, and IdentityNow, a cloud-native identity governance-as-a-service solution.

Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.